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Stock Exchange, Fiat denies capital increase

“There is no project in this regard and there is no need to resort to a capital increase”: this is how Lingotto denied the rumors circulated in the morning, which caused a collapse on the Stock Exchange.

Stock Exchange, Fiat denies capital increase

No capital increase on the horizon for Fiatalso because it is not necessary. This was specified by the company itself, in a note, thus denying Il Messaggero and Il Mattino, which had reported this morning of "alleged discussions in progress between Fiat and some banks regarding a possible capital increase".

The rumors in the morning had done collapse the title, which had first been suspended and then readmitted to trading on Piazza Affari, and which is still losing more than 3%. So, "Fiat specifies that there is no project in this regard and believes that there is no need to resort to a capital increase".

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